by admin | Apr 7, 2026 | Accounting, Income Tax, Tech News
Singapore has amended the tax incentive framework for debt securities, extending the qualifying debt securities (QDS) scheme and the tax exemption for income derived by primary dealers from trading in Singapore Government securities to 31 December 2028, while allowing...
by admin | Apr 4, 2026 | Accounting, Employment, Income Tax, Tech News
This technical note consolidates the key personal tax reliefs available to Singapore tax residents for Year of Assessment 2026. The reliefs are categorized into three groups: (i) manually claimable reliefs, (ii) automatic reliefs, and (iii) voluntary...
by admin | Apr 4, 2026 | Accounting, Employment, Income Tax, Tech News
Recent internal technical training reviewed the critical distinction between tax reliefs and tax deductions. While reliefs provide a baseline reduction to chargeable income, deductions offer a significantly larger avenue for tax savings, particularly for individuals...
by admin | Apr 3, 2026 | Accounting, Income Tax, Tech News
The Income Tax (Refundable Investment Credits) Regulations 2025 have been amended with effect from 1 April 2026. Concurrently, two Assignment of Functions notifications under section 3A of the Income Tax Act 1947 have been issued to enhance the administrative powers...
by admin | Apr 2, 2026 | Accounting, Income Tax, Tech News
Background The trustee of a real estate investment trust (REIT) established and listed in Singapore issued a tranche of subordinated perpetual securities (the “Securities”). The Securities possess features that render them hybrid in nature – treated as equity for...
by admin | Apr 2, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has issued Advance Ruling Summary No. 2/2026 (dated 2 January 2026) read together with IRAS Advance Ruling Summaries Nos. 7/2025, 10/2025, 14/2025, addressing the economic substance requirements for non-PEHEs. The...
